Tag page - FGEn

The Philippine Bio-Industries Inc. (PBI), a major carrageenan exporter company, has inked a one-year power supply deal with First Gen Corporation, the country’s clean energy leader, for the latter to provide electricity generated from a renewable energy source. First Gen said the deal with PBI,...

FGP Corp., which is a subsidiary of Lopez-led First Gen Corporation, has inked a six-year US$308 million loan facility with four banks – the proceeds of which will primarily be allocated to refinance debts funneled to its 500-megawatt San Lorenzo gas fired power plant; while the rest will be...

Lopez-led First Gen Corporation confirmed that it remains very keen on buying the ‘banked gas’ that can still be extracted from the Malampaya field. According to Jerome Cainglet, vice president of First Gen, “we have expressed our interest to purchase the banked gas for use of our gas-fired...

Lopez-owned First Gen Corporation will start construction works at its interim liquefied natural gas import terminal (IOT) this fourth quarter, following its execution of agreement with Australian firm McConnell Dowell (MCD) as its engineering, procurement and construction (EPC) contractor. The...